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12/09/2014
3.33 p.m.

Business results of the subsidiary Banca Mediolanum

Fast pace again in November in Mutual Funds Net Inflows: € +341 mn
€ +4,180 million in eleven months, +7% to last year’s record
Total Net Inflows in November: € +153 million
Year-to-date: € +3,470 million, +25%



Mediolanum S.p.A. announces business results of the subsidiary Banca Mediolanum for the month of November 2014.

In particular, net inflows into Mutual Funds were € +341 mn (of which € +217 mn through ‘MyLife’), bringing the total since the beginning of the year to € +4,180 mn, 7% higher than the same period in 2013. Total net inflows came to € +3,470 mn, +25% with respect to the same period last year.

Mutual funds data calculated according to the Assogestioni methodology (“Fondi Aperti” category): € +222 mn for November, and € +3,649 mn since the beginning of the year.

NET INFLOWS BANCA MEDIOLANUM
Data in € mn

November
2014

Jan-Nov
2014

Jan-Nov
2013

 

 

 

 

directly into Mutual Funds

134 

3,034 

4,159 

through 'MyLife' U-L policies

217

1,347 

- 

through other U-L policies

(11) 

(201) 

(241) 

Net Inflows into Mutual Funds (UCITS & Unit-Linked)

341 

4,180 

3,917 

Other Life Products (incl. Index-linked)

(51) 

(668) 

(1.257) 

 

 

 

 

Net Inflows into Managed Assets

289 

3,511 

2,661 

 

 

 

 

+ 3rd party Structured bonds & certificates

1 

(241) 

(41) 

NI MANAGED ASSETS + STRUCTURED SECURITIES

291 

3,271 

2,620 

 

 

 

 

Net Inflows into Administered Assets

(90) 

928 

1,792 

 

 

 

 

+ 'Freedom' Life Policies (change in assets)

(48) 

(728) 

(1,640) 

NI ADMINISTERED ASSETS INCL. 'FREEDOM' ACCOUNTS

(138) 

200 

152 

 

 

 

 

TOTAL NET INFLOWS, BANCA MEDIOLANUM

153 

3,470 

2,772 


Preliminary data subject to change.



Basiglio – Milano 3 City, December 9, 2014

Contacts:
Media Relations
Rosamaria Salatino
Tel +39 02 9049 2027
e-mail: rosamaria.salatino@mediolanum.it
Investor Relations
Alessandra Lanzone
Tel +39 02 9049 2039
e-mail: investor.relations@mediolanum.it


The Officer responsible for preparing Mediolanum S.p.A accounting documents, Luigi Del Fabbro, declares that, in compliance with the requirements of the second paragraph of section 154 bis of the Consolidated Finance Act, the financial information contained herein reflects the accounting entries, records and books.